Displaying results 2331 - 2340 of 2823
Federal Court Orders Ohioans Kevin and Keelan Harris, Canada-based Karen Starr, and their Companies, Complete Developments, LLC and Investment International Inc., to Pay over $23 Million for Fraud in Foreign Currency Ponzi Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Judgment requiring Defendants … off-exchange foreign currency (forex) Ponzi scheme (see CFTC Release 5921-10 , October 7, 2010). Judge David D. … them, CDL, and I3 from trading and registering with the CFTC and from violating anti-fraud provisions of the …
Created on:
Illinois Federal Court Imposes $140,000 Civil Monetary Penalty on Foreign Currency Firm, FXOpen Investments Inc., for Acting as an Unregistered Retail Foreign Exchange Dealer
… Unregistered Retail Foreign Exchange Dealer Action part of CFTC’s nationwide sweep against foreign currency firms for … register under the 2008 Farm Bill, the Dodd-Frank Act, and CFTC regulations Washington, DC – The U.S. Commodity Futures … to pay a $140,000 civil monetary penalty to settle CFTC charges that it illegally solicited members of the public to …
Created on:
2011-17626
… Commodity Futures Trading Commission (``Commission'' or ``CFTC'') is charged with proposing rules to implement new … ``a swap in an agricultural commodity (as defined by the [CFTC]).'' Neither Congress nor the CFTC has previously defined that term for purposes of the …
Created on:
Federal Court Orders Nevada Company and its Owner to Pay More Than $32 Million for Cryptocurrency Fraud and Misappropriation Scheme
… in conduct that violates the Commodity Exchange Act and CFTC regulations, registering with the CFTC, trading in any CFTC-regulated markets, and trading in any commodity …
Created on:
Federal Court in South Carolina Orders Ronald E. Satterfield and Nicholas and Patricia Bos to Pay over $7.5 Million for Fraud in Connection with a Forex Ponzi Scheme
… DC - The U.S. Commodity Futures Trading Commission (CFTC) obtained two federal court consent orders of permanent … of South Carolina, Charleston Division, arise from a CFTC complaint filed on November 8, 2010, that charged the … to engage in leveraged or margined forex transactions (see CFTC Press Release 5935-10 , November 15, 2010). The …
Created on:
Federal Court in Florida Orders K.B. Concepts Group, LLC and Kelvin Burgos to Pay More than $486,300 in Disgorgement and a Civil Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions
… DC – The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Cecilia M. Altonaga of the U.S. … Apex Asset Advisors, LLC. The Court’s Order stems from a CFTC civil enforcement action filed against the Defendants on September 20, 2016 (see CFTC Complaint and Press Release 7448-16 ). The Court’s …
Created on:
Statement by Commissioner Johnson Regarding Consent Order Imposing $10 million Penalty Against Each Individual Co-founder and Co-owner of BitMEX
… a $10 million civil monetary penalty in connection with charges against Arthur Hayes, Benjamin Peter Delo, and … In carrying out this mission, Congress authorizes the CFTC to promote responsible innovation and fair competition … and fairness. We applaud the collaborative efforts of the CFTC’s Division of Enforcement and its laudable cooperation …
Created on:
Federal Court Orders California Residents Christopher Valois and Cynthia Wong and Their Companies to Pay over $1.1 Million for Fraud and Registration Violations
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Cormac J. Carney of the … and registration bans against them. The Order stems from a CFTC Complaint filed on January 28, 2015 (see CFTC Complaint and Press Release 7114-15 ), charging the …
Created on:
“Lettuce Produce”
… Produce” Statement of Commissioner Bart Chilton at the CFTC Public Meeting on Dodd/Frank Rulemaking, Washington, DC … of all the Dodd-Frank rules were NOT finished. At the CFTC, because of the Chairman’s leadership, we have produced …
Created on:
Federal Court Imposes Penalty and Restitution of More Than $1.3 Million against Manager at Worldwide Commodity Corporation in Commodity Options Fraud Case
… D.C.— The U.S. Commodity Futures Trading Commission (CFTC) announced today the entry of a consent order against … provisions of the Commodity Exchange Act (CEA) and CFTC's regulations. The consent order was entered on January … civil monetary penalty. The CFTC previously settled its charges against Worldwide and the other brokers (see CFTC …
Created on: